OpenAI reportedly developed a method to track their progress towards building artificial general intelligence (AGI), which surpasses human capabilities.

Intuit, the California-based software company renowned for its products including TurboTax, Credit Karma, and Mailchimp, is making workforce reductions in anticipation of the "AI revolution." In a move toward AI-focused restructuring, tax preparation and financial software company Intuit revealed plans on July 10, 2024, to lay off 1,800 employees, constituting 10% of its workforce (AP).

I attended a conference on the impact of artificial intelligence (AI) on the wine industry, initially unsure of its relevance to my life.

Japanese conglomerate Softbank has acquired British AI chip firm Graphcore, once considered a rival to leading company Nvidia.

A bipartisan group of senators has recently introduced a bill aimed at simplifying the authentication and detection of artificially intelligence-generated content.

OpenAI has informed Bloomberg that it has established an internal scale to measure the progression of its large language models towards artificial general intelligence (AGI), which refers to AI systems with human-like intelligence.

The S&P 500 and Nasdaq Composite have declined from their record highs as investors shift away from Big Tech and explore other investment opportunities.